1.3m shares were bought this morning in the first 5 minutes at 30 cents.
Someone is super confident of an offer increase.
And look at the Hedge companies at the gate at 29.5 wanting literally millions!
An increased offer must come because:
(1) The initial offer was insultingly low...deliberately, because
(2) The second rule of negotiating states: "Buyers who start with low offers do better" and
(3) The more the institutions get of the stock, the greater the pressure on LLC to increase their offer..and
(4) The LLP "independent" directors have literally thrown themsleves at LLC like teeneage girls at a Robbie Williams pop concert! Justice must be done and they must be held more accountable for their defence of the loyal shareholders.
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